Online broker TD Ameritrade recently discovered that 59% of Americans say they don’t plan on renewing their gym memberships once the current pandemic is over. The main reason? “More than 56% of those surveyed say that the pandemic helped them find ‘more affordable’ ways to get exercise and live a healthier lifestyle.”
Senior retirement specialist Molly Passantino says “Americans turning to cheaper fitness apps, outdoors activities like runs and walks and buying their own home workout equipment during quarantine likely caused the shift.”
“There’s also an element of uncertainty. Americans are likely questioning how gyms would work in the post-pandemic world. Will it be safe, will it be feasible to go?” Passantino says.
Now more than ever the home could also be considered your gym. Let’s discuss.